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20110701
20110731
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
economic soundness to this country. that take as big deal. a lot of pain. democrats are upset the president talked about pain on their side of the ail and republicans are saying no way will we give tax relief to middle income americans. they want to continue tax relief to the wealthy. everyone agrees a number around $4 trillion will make a serious debt on our deficit. it will send a statement to the world that the u.s. has gotten ahold of their fiscal problems and they are moving forward. it will give confidence to the american people that we can move forward to bring economic soundness. that's the president's commitment. >> 6:00 on the east coast. welcome to "morning joe." look at that nice live look at times square. joe is looking spify today. he went shopping. it is monday, july 11th. >> i don't know what that means. >> we have msnbc -- well, yes. this is unusual. we have msnbc contributor mike barnicle, john heilemann. what's so funny? >> yeah, what's so funny? i don't get it. he's back. >> we can't get him to leave. we have "morning joe" economic analyst steve rattner and in washington
reform. it is quite a big undertaking considering there isn't a lot of time left but certainly some movement that we have seen since yesterday, guy. >> any specifics? i think important people who are listening to the process of what's happening in washington, what this means for people over a longer period of time is fewer services and smaller government and maybe higher taxes or higher cost of living your life as the services go away. i mean, all of these have amazing and long lasting ramifications for how we live our lives. my specifics? >> huge long -- no. honestly in terms of the specific, i mean, we can talk generally about where the cuts would come from, entitlements, defense spending, you can see how that would affect different people and the nation as a whole. specifics, no, i think we are going to be getting, obviously, more details on that to come. let's just take a look at some of the things that some of the folks who are coming here to the white house are going to demand because, remember, president obama is hosting eight members of congress, top two democrats and top tw
it is that momentous. the flurry of talk last week about going big and swinging for the fences were underscoring the idea of the president and the speaker to persuade the democratic and republican rank- and-file to go for something as big as $4 trillion. it was a long shot to begin with. both sides decided to spend a few days pursuing this long shot and it turns out that speaker behner blinked first. he was the first one to realize publicly that he did not have the votes in his own troops to get this through because it would require too much. host: if the number goes down from $4 trillion, what gets left behind? guest: you go from $4 trillion down to something. the fall back number we think is $2.50 trillion. that is the amount of deficit reduction that would be necessary to get republicans to vote for an equivalent amount of debt ceiling increase. that is what is required to keep the treasury in the flush to get for the next election. that is the number and we know that the vice president had six members of congress and they were pretty close. they were at about $2 trillion. entirely from the s
down. >> to emphasize why this matter, this is as big a crisis in britain in a generation plus. it's the police, political establishment, media establishment and the most important media person in the u.s. which is rupert murdoch. not to cover this would be journalistic malfeasance. >> you have the democratic senatorial campaign putting out a statement. you wouldn't see that liberals who don't like rupert murdoch are just milking this for all it's worth? >> if this had no connection whatsoever to the nature of the operations, especially through fox news, you might say they're reaching. since the basic accusation that michael wolf was saying, that murdoch is using his media power for political ends is similar in the u.s. and the u.s. it's natural the democrats would say this. >> on your media blog at "the washington post" you took on a story about the difference between british and american journalism. you say basically we should come out and say british journalism standards are sleazy and destructive. you think we're dancing around this? >> in this particular iteration, i couldn't
's the big question, right? >> looking at the influence of the freshmen today, in general they believe and have very involved local voters to back them up that they were elected in 2010 with a mission to, reign in big government, specifically big government spending, and this debt ceiling debate fits right into that. here's more from one freshman tea partier. >> it would allow the debt ceiling to go up, but only if we had significant cuts, statutory caps and balanced budget amendment and there's a growing movement with that. we met with leadership, we met with majority leader eric cantor and were trying to impress upon them that we need to be for something as republicans, we need to define what we're for. >> senator paul says this is a fight, quote, too important to give up. jon. jon: what kind of influence do the new members have, though? >> well, republicans are in the minority and the senate, so less there, but in the house they're in the majority and tea partiers, or those who agree with the tea party on fiscal issues, among the 87 how freshmen have not been shy about staking their
amendment rights. >> a big part of it is how well you're doing it. i did a survey and i asked people who are voters whether they watch fox news or not and i found that 67% of republicans watch fox news several times a week or more. that you knew. but 54% of independents watched it several times a week or more. and 21% of democrats watched it several times a week or more. so there really is an effort here to try to demonize a source of information. and, you know, you guys don't make this stuff up. the stuff you're reporting is stuff that's happening. you know, pugh research did a study during the last campaign that as far as i'm concerned is definitive. they looked at the fox news stuff. not like we're doing now which is opinion. but the news part. the 6:00 and 7:00 news broadcast. and they did the number of seconds that were devoted to positive and negative coverage of each candidate. and the only network that came close to parody between positive and negative on obama and on mccain was fox news. the others were skewed four and five to 1 negative on mccain and positive on obama. >> spea
it. and that in a nutshell is why a lot of big, moderate players in this town led by president obama do like this bipartisan scheme. with 13 days until possible default, all eyes are on the gang of six senators, three republicans and three democrats. they met today with house democrats. can they craft a deficit deal that can pass congress? lawmakers ask gang of six democrat kent conrad. >> how does this work? where is it headed? >> reporter: like the deficit commission, like president obama, the gang of six has a plan that's balanced. gang of six democrat dick durbin. >> it does it by putting everything on the table. everything. spending cuts, entitlement programs and revenue. >> reporter: $3 trillion in spending cuts, including cuts in medicare and the like. $1 trillion in tax hikes. but not on most americans. >> we're actually reducing tax rates, both on the individual side and the corporate side. >> reporter: that's a move to win over conservatives, like house gop leader eric cantor. >> and so i don't think that raising taxes, increasing tax rates, is the answer. certainly not in
on cutting a big deal to take us through five to ten years, not just five or ten weeks. the problem, it seems to me, yesterday was a good example of it. you have questions tweeted to the president of the united states, questions delivered from the real world about housing problems, about i'm losing my house, my mortgage, what are we going to do. not policy questions from washington media members. the problem is that the president is dealing with a number of people who don't live in the real world. for example, eric cantor. no matter how many times he's been on and how many times we talk about rescinding the bush tax cuts, he calls it a tax increase. go to the grocery store and milk is on sale for $3.25. the next week it goes up to $3.75. it's not a hike in price, it's reverting back to the original price. they don't live in the real world. they just don't. >> he'll be on this morning so you can ask him again. >> we will ask him again. >> i would like to ask him what it is they offered yesterday that was different. the president talked about boehner's question being skewed. i put the question
boehner and president obama are still in contact. they are still working towards an agreement. big stumbling block, taxes still in the way, martin. >> i should explain, mike, that you're inside because there's a lot of rain outside the white house today. >> another major storm, that's right. >> absolutely. >> thanks so much. >> well, now that he's walked out of debt talks with vice president biden, taken a fight to president obama and clashed with speaker boehner, is there any compromise that will sit with house majority leader eric cantor? nbc's luke russert is covering that. republicans, what are they willing to sacrifice in order to reach an agreement? got a copy of the "washington post" which liberally quotes you, but have you been able to get an answer to your question yet? >> reporter: no, and they offer two explanations as to why, martin. number one, they say that a concession republicans are making is just in fact allowing the debt ceiling to go up because that's something that's so unpopular within the house republican caucus. the popular sentiment here in washington, d.c.
social security, you don't get a penny of it. every penny of that goes into the big pot and it's distributed to everyone else. anybody who dies to young, all of their money has been wasted. it is just going into the government pot. the second thing you have to know, is if you save up to much, when you start receiving it, you get taxed on it again. if you get taxed on social security when you are your money what you are working and then after you start receiving it, if you save up to much because you were worried about it, you get taxed on it again. it gets added to whatever income you have from your savings. host: do you think private savings accounts, that your social security should be yours when you pay in, you should be booked to get or keep or transfer? caller: i certainly do. that is why i voted for president bush to the second time around. i did not agree with him for very much but i agree with him on that point. people should have their names on their accounts and what ever they put into it should belong to them. so even if they die when their 50, that money goes to the
, then we're all in big trouble. host: where do you think that that compromise needs to start? in which house? in the senate? does the president need get involved with this? caller: obviously now with this filibuster, the compromise needs start there. they can have no debate while this filibuster is going on and that's ridiculous at this point in time. it's simply asinine. host: last night, it a news conference, majority leader harry reid talked about compromise and criticized the republican efforts to filibuster his debt plan. this is what he had to say. >> >> tonight a bipartisan party rejected the boehner short-term plan. clearly, we've seen something we've even a lot in the senate but this time, the country's attention is focused on it, a filibuster. a filibuster to prevent us from moving forward on this legislation. the vote that i put forth is a compromise. we would have changed it more but as i indicated on the floor, we had no one to negotiate with. it really is a worst possible time in conducting a filibuster. they're forcing us to wait until tomorrow morning at -- let's see. t
. hi honey! ♪ h-o-t-w-i-r-e... ♪ hotwire.com >>> no progress reported tonight on the big deficit reduction talks at the white house. with that, this warning tonight from moody's investor service. the federal government could lose its top of the line credit rating if the white house and congress can't agree on a plan to increase the nation's debt ceiling, meaning allow washington to borrow more money to help pay its bills. that warning came just a few hours after this sober math lesson from the fed chairman ben bernanke. since the government borrows 40 cents of every dollar it spends, a fall you'ilure to increase washington's credit limit would require a 40% cutback in spending. >> significant cuts in social security, medicare, military pay, or some combination of those in order to avoid borrowing more money. >> now that sounds ominous, but some conservatives think the catastrophe scenarios are exaggerated. >> if congress fails to raise the debt ceiling by $2.5 trillion, that somehow the united states will go into default, and we will lose the full faith and credit of the united s
the c. and he appeared to be picking up the votes. lesson to shawn duffy. >> is this as big as we wanted to go? heck, no. we wanted to go bigger. we ran on going bigger. but this is the only proposal on the table that accomplishes the goals that we set out to do. >> progress but apparently and this is why we have such a drama unfolding on capitol hill, not enough progress. the speaker is still short the votes. he's delayed the key vote, a key vote to not only if you are sitting at home, maybe you think the debt ceiling should be raised, maybe you should, it's a fundamentally important political showdown, some people think the speaker's hold on his job could be in jeopardy if he loses this vote. let's go to kate bolduan, do they believe they can twist enough arms to get enough votes to pass this tonight? >> reporter: fabulous question this evening and one that is very hard to answer at this moment. i can tell you, let me just give you the lay of the land what you can probably see a little bit of, john, you were talking about the speaker's office, it's right down the hallway, what we're se
company called two men with big hearts moving and storage. but he fell behind in his bills to this company. this storage company because of medical bills that had piled up for him. >> so he just passed away and the family is trying to figure out what they're going to do at the funeral and what they would like to do is get a hold of some of his military stuff, including his two purple hearts but the problem is that particular company is owed by the family $600. the family went over and talked to them and they knocked it down to $500. but nonetheless, they would like to have the stuff for the funeral next tuesday but they got to come up with $500. here's the son of the veteran. >> he was a very patriotic person. >> dad wanted to go out in a blaze of glory. that was on the back of the fire truck. something we want to give for dad. that was one of his last requests. >> he had it for five years. it would be thousands of dollars. don kennedy owns the company so he's not going to release the stuff as of right now unless they pay the $500 which is just -- they just want to get the -- they want t
in the big picture. when you start going to one extreme or the other, you're not going to get anything done. everybody's egos are going to get hurt constantly. so, you know, there are so many different ways that they look at things. for instance, holistically, people that have been paying into social security have basically been paying with ious and stuff like that for a very long time. they are saying everybody has to be on the table. we have been on the table for the longest of time, giving i'll use. they actually said, ok. it is like looking at soldiers in iraq and saying, well, you have to put yourself on the table. that is the way to look at some of these things. i think that, if we get more congressmen -- it is difficult when they are being paid by big business and stuff. they say extreme things so that they know big brother is noticing that they are putting their plugs in for them. winning campaign financing to keep the map the point -- we need campaign financing to keep them at the point where they can look at things holistically. host: thank you for weighing in. we will talk about
Search Results 0 to 19 of about 20 (some duplicates have been removed)